931
Showing all 8 results
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In re International Supply Co. – Debtor fails insolvency tests for fraudulent transfers
January / February 2023
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: Three insolvency tests are applied to determine whether a debtor’s pre-filing transfer can be rejected as fraudulent under federal bankruptcy law: the balance sheet, cash flow and adequacy of capital tests. This article summarizes a recent case that provides a primer on how financial experts apply these tests. The ruling clarifies that a debtor may be solvent under one test but ultimately be found insolvent. A sidebar explains how to avoid fraudulent transfer claims in estate planning. Stone v. Citizens Equity First Credit Union (In re Int’l Supply Co.), No. 17-08049 (Ill. Bankr. March 20, 2022).
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Put some PEP in your step – A new retirement plan option to consider
Fall 2021
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: A generous benefits package that includes a robust retirement plan can be a powerful recruiting tool for construction companies. But providing cost-effective, high-quality benefits isn’t easy. This article takes an in-depth look at a new retirement plan option: pooled employer plans (PEPs). A sidebar warns that, though PEPs relieve employers of many benefits-related risks, some fiduciary responsibilities remain.
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Classify carefully – IRS continues to scrutinize independent contractors
Spring 2020
Newsletter: Construction Industry Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: The classification of workers as independent contractors or employees has significant implications for businesses, but especially for construction companies given the widespread use of subcontractors. This article reviews the differences between independent contractors and employees, and how the IRS evaluates the distinction. A sidebar looks at how the qualified business income deduction relates to independent contractors.
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How sound are your financial statements? Don’t underestimate their inherent informative value
November / December 2018
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: Many contractors may not fully realize how much important and useful information is in their financial statements ― information that is of special interest to lenders, sureties and investors. But what condition are those reports in? This article explains how to get the most from financial statements. A sidebar describes the role of these statements in strategic planning.
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Play to win – Profitability tips for today’s construction companies
Summer 2017
Newsletter: On-Site
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: To be truly successful, every contractor must play to win. And this means always looking to improve the many aspects of a construction business that either hurt or help profitability. This article discusses the importance of pricing and change orders when it comes to turning a strong profit. A sidebar looks at the importance of professional development in discovering how to be more profitable.
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Planning for the net investment income tax
January / February 2014
Newsletter: Estate Planner
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: Starting in 2013, high-income taxpayers are subject to a new 3.8% Medicare tax on some or all of their net investment income (NII). For individual tax purposes, there are a variety of planning options for reducing or even eliminating the impact of the NII tax (NIIT). For trusts, options are more limited, but there are nevertheless several strategies for reducing a trust’s taxable NII. This article discusses ways to reduce the NIIT’s potential impact on personal wealth management and retirement plans, while a sidebar looks at the IRS’s stance regarding a NIIT exemption for income from a trade or business in which a taxpayer materially participates.
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Play or pay is delayed, but other provisions aren’t – What every plan sponsor needs to know about upcoming PPACA requirements
August / September 2013
Newsletter: Employee Benefits Update
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: The Patient Protection and Affordable Care Act (PPACA) was signed into law in 2010. Certain provisions were effective immediately, others 90 days or six months after enactment, and still other provisions phase in through 2020. A number of provisions become effective starting Jan. 1, 2015. This article highlights the requirements and steps sponsors should take now to prepare.
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Add muscle to your bottom line with benchmarking
January / February 2009
Newsletter: Contractor
Price: $225.00, Subscriber Price: $157.50
Word count: 931
Abstract: To maintain a competitive edge, it’s critical for a contractor to know where he or she stands financially. One way to do so is by benchmarking. Under this process, a construction company owner selects metrics, or “benchmarks,” to measure his or her construction company’s performance against its own past performance or against other, similar construction businesses. This article explores the details and benefits of this helpful activity.